Community land trusts (CLTs), originating from the Civil Rights Movement, aim to maintain affordable housing and foster homeownership across the U.S. These trusts operate by purchasing land and offering long-term leases to homeowners, thus reducing house prices by separating the cost of the land from the dwelling. The model ensures affordability over time by restricting resale prices, enabling homeowners to build equity while keeping homes accessible for future buyers. Expansion of CLTs is challenged by funding, but recent years have seen an increase in trusts and legislative support aiming to address affordable housing crises.

https://www.nytimes.com/2023/07/08/realestate/community-land-trusts-gentrification.html